Page 2 - Public Provident Fund
Equity seems to be losing its charm as long-term returns disappoint
Gold, fixed income do well; Nifty50 stocks do not compensate for extra risk
 "Equity seems to be losing its charm as long-term returns disappoint")
Investment in sovereign-backed bonds: Be prepared for rate changes
You can invest as much as you like in these bonds, but they are subject to rate changes
 "Investment in sovereign-backed bonds: Be prepared for rate changes")
Don't chase higher yields, avoid risk and stick to safer categories
Stick to solid banks and shun both credit and duration risk in debt funds
 "Don't chase higher yields, avoid risk and stick to safer categories")
You get 3 more months to deposit money in PPF, Sukanya Samriddhi Yojana
The deadline to make deposits in PPF and Sukanya Samriddhi Yojana for the financial year 2019-20 (FY20) has been extended till June 30 this year
 "You get 3 more months to deposit money in PPF, Sukanya Samriddhi Yojana")
Top headlines: Govt to borrow Rs 4.88-trn, PPF to fetch 7.1%, and more
From Centre allowing 100% rebate on PM-CARES fund, top 22 families losing Rs 22 trillion to vegetable markets coming back to life, Business Standard brings you top headlines of the day
 "Top headlines: Govt to borrow Rs 4.88-trn, PPF to fetch 7.1%, and more")
PPF to fetch 7.1%, NSC 6.8% as govt cuts small savings interest rates
This is because the government went for one of the steepest cuts of up to 1.4 percentage points in these interest rates to facilitate banks to lower their rates.
 "PPF to fetch 7.1%, NSC 6.8% as govt cuts small savings interest rates")
Small savings will continue to be attractive despite Coronavirus outbreak
While banks have been cutting fixed deposit (FD) rates, small savings rates have not been revised for some time, and that has created an abnormal differential between them
 "Small savings will continue to be attractive despite Coronavirus outbreak")
Small savings schemes: Govt keeps interest rates unchanged for Jan-Mar qrt
Interest rates for small savings schemes are notified on a quarterly basis
 "Small savings schemes: Govt keeps interest rates unchanged for Jan-Mar qrt")
Buying a life protection plan is necessary, but it should be the right one
Though tax-saving is an essential element of the investments you make during the year, before investing you should consider all the other options available
 "Buying a life protection plan is necessary, but it should be the right one")
Opt for PPF extension if you are in the highest tax bracket, here's why
You will earn interest or get tax benefits on further deposits only if you have filled Form H after the 15-year period ends
 "Opt for PPF extension if you are in the highest tax bracket, here's why")
Now, PPF a/c will be closed, NSCs encashed if holder becomes an NRI
The interest payable would be up to the date of the account closure, it said.
 "Now, PPF a/c will be closed, NSCs encashed if holder becomes an NRI")
Govt sets terms for premature PPF withdrawal
Premature closure shall be allowed only after the account has completed five financial years
 "Govt sets terms for premature PPF withdrawal")
Will PPF lose its sheen?
Terming it not so small-scheme, official Economic Survey recommends taxing it at withdrawal
 "Will PPF lose its sheen?")
